The de Blasio administration plans to eventually spend $38 million annually to prevent opioid overdoses through a new initiative called HealingNYC. The goal is to reduce opioid overdose deaths by 35% over five years with a combined public health approach, including drug treatment, and targeted criminal investigations. [Crain’s Health Pulse]

Plus: Mayor Bill de Blasio blamed the rise in opioid-related overdose deaths in New York on the "corporate greed" of the pharmaceutical industry. [Crain’s New York Business]

Travel ban scaring off youth groups

Student and youth groups have been canceling or delaying trips to the city because of the Trump administration's travel ban and the unwelcoming atmosphere critics say it has fostered. Some of the biggest cancellations are coming from countries the ban doesn't cover, including from a U.K.-based organization that had booked up to 1,000 beds at a Manhattan hostel. [Crain’s New York Business]

No long-term rent decline in the city

The city's total number of rental units isn’t adequate to lower rents long term, despite a report last week showing a softening market because of a rapid rise in apartment supply in certain areas. The increase was due almost entirely to developers' rush to build ahead of the 2015 expiration of a popular tax incentive. [Crain’s New York Business]

City's health care industry braces for ACA replacement

The city's health care industry is bracing for cuts of billions of dollars in federal Medicaid funds starting in 2020 under the Republicans' replacement for the Affordable Care Act, and for the prospect of a resulting surge in uninsured patients. Many of them will end up in emergency rooms in worse condition than they should be, according to health care professionals. [Crain’s New York Business]

Plus: The GOP plan is bad for employers because increases in state and local taxes to cover federal cuts would eclipse any savings from not having to provide workers insurance, according to this Crain’seditorial. [Crain’s New York Business]

Fox News inquiry moves to grand jury

A federal grand jury in Manhattan is expected to hear testimony soon about business practices at Fox News under Roger Ailes, who was forced out as the network's chairman amid sexual harassment allegations. The action comes as Marc Mukasey, a former prosecutor, is floated as a possible successor to U.S. Attorney Preet Bharara. Mukasey once represented Ailes. [The New York Times]

Rex Tillerson used email alias, state AG says

New York Attorney General Eric Schneiderman accused Exxon Mobil of withholding information from an investigation into whether the company misrepresented its understanding of climate change. In particular, Schneiderman alleged that Exxon failed to disclose that Rex Tillerson, its former chairman and now U.S. secretary of state, used an alias email to discuss climate change issues. [The Wall Street Journal]

Fairway names new CEO

Fairway Market has named Abel Porter to succeed Jack Murphy as chief executive. Murphy ran the Manhattan-based grocery chain for two and a half years, during which time it changed ownership twice and filed for bankruptcy, emerging last July. Porter arrives at the company from Utah-based Smith Food and Drug, where he spent 20 years. [New York Post]

Nonprofit TV and film would take beating from cuts

Republican plans to cut National Endowment for the Arts funding could badly hurt city nonprofit film and television groups. Such organizations have historically received the largest share of NEA funding among local arts groups, taking in $42.5 million of $233 million total from 2000 to 2016, according to city Comptroller Scott Stringer. [Crain’s New York Business]

Ivanka Trump to discontinue luxury jewelry line

Ivanka Trump has discontinued her line of higher-end jewelry in the face of a consumer boycott spurred by her father's views and policies. The action has successfully pressured several retailers to stop carrying the products. The first daughter's brand will instead focus on more affordable fashion jewelry. [The New York Times]

Knicks analyst 'Johnny Hoops' dies

John Andariese, a longtime radio analyst covering the New York Knicks who was nicknamed "Johnny Hoops," died yesterday. Andariese, 78, grew up in Brooklyn and became a basketball standout at Fordham before starting his broadcasting career in the early 1970s. His longest stint analyzing the Knicks for radio stations such as WFAN was from 1998 to 2014. [Daily News]

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